BROOKFIELD, Wis. – North Shore Bank today announced the purchase of land in Pewaukee at 104 W. Wisconsin Ave., adjacent to its current branch location. Plans for how the new property will best be utilized to meet the bank’s future plans are still being evaluated.
The bank purchased the land last year to explore building a new, full-service branch in the future. Plans for the land have not been determined but demolition of an existing, vacant building on site is scheduled for completion by the end of this month. The bank will be seeking approval from the Village of Pewaukee for a new 2,300 square foot bank building with drive up lanes.
“We had the opportunity to purchase this parcel of land and determined it made good business sense to do so. While we don’t have immediate plans to build a new branch, we look forward to the opportunities that this purchase presents,” said Susan T. Doyle, senior vice president of retail banking at North Shore Bank. “With our dedicated and growing customer base in the Pewaukee area, we are looking towards the future and continuing our investment in the Pewaukee community.”
North Shore Bank, headquartered in Brookfield, has assets of over $2 billion and 45 offices throughout eastern Wisconsin and northern Illinois. Wisconsin locations are in metro Milwaukee, Ozaukee County, Racine, Kenosha, Appleton, Menasha, Green Bay and surrounding areas, Burlington, Union Grove, Muskego, and Door County.
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